China’s Zhejiang Processes $6M via DLT Medical Billing Platform

China’s Zhejiang province has processed nearly $6 million via a blockchain medical billing platform using Ant Financial’s blockchain technology, Chinese…

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Alibaba Denies ‘Partnership’ With Lolli, Highlighting Crypto Industry Pitfalls

On Monday, CoinDesk reported the shopping app Lolli was offering bitcoin rewards to U.S.-based Alibaba shoppers for Singles Day. Alibaba…

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Alibaba Subsidiary Ant Financial Tests Its Enterprise Blockchain

The financial technology subsidiary of Chinese e-commerce giant Alibaba, Ant Financial, started testing its enterprise blockchain platform. According to local…

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Alibaba’s Ant Financial Starts Pre-Launch Testing of Consortium Blockchain

Ant Financial, the fintech arm of Chinese tech giant Alibaba Group, has launched the testing stage for its consortium blockchain.…

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Alibaba Partners with Lolli to Allow US Shoppers Earn ‘Free Bitcoin’

Chinese e-commerce giant Alibaba has partnered with Bitcoin (BTC) rewards shopping app Lolli, enabling its shoppers to earn 5% back…

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Alibaba Offers Bitcoin Rewards Through Lolli Shopping App for ‘Singles Day’

Lolli, an affiliate retail startup that gives online shoppers bitcoin instead of regular cash-back perks, just announced its first Asian…

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Regulatory ‘Gray Area’ in China

Earlier in October 2019, Binance announced a fiat on-ramp for crypto trading via Chinese payment services Alipay and WeChat. This move…

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Alipay to Ban All Bitcoin-Related Transactions

Alipay, a digital payment arm of Chinese e-commerce giant Alibaba, declared that it will be banning any transactions related to…

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Chinese Homecoming — Crypto Companies Make Their Way Back to Asia

In what is being considered a major step forward for Binance, CEO Changpeng Zhao (aka CZ) recently announced that his…

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Samsung’s Blockchain SSD Patent Could Disrupt Crypto Mining

Electronics giant Samsung filed for a patent in May 2019 titled, “Programmable Blockchain Solid State Drive and Switch.” Even though…

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